Just wanting to find out how people decided which CFD broker to choose. I am thinking I will be going with DMA CFD as I want to have some input into the underlying market.
I will have a trading account size to put me into some of the premium level packages, however I dont think that I will ever really have more than 50% of this tied up in margin - is it worth housing all my account with the CFD broker, I can probably get a better interest rate with an investment savings account at a bank. The flip size is that my trading costs will come down if I have it all with the CFD broker.
Also, are there any CFD brokers out there that offer rebates on trading volumes? If I have a massive month of trading - any chance that they will be able to rebate me part of my commissions - does any one else look for this or is important to them.
Another thing I would like to consider is share/equities trading. I currently have a straight equities trading account with a bank + linked cash account. Are there any CFD providers out there that offer share trading and CFD trading on one platform with both accounts settling to the same account?
Do people take note of the interest paid/recieved by long short positions, does that make much of a difference to your bottom line? I imagine I will be holding for a variety of lengths, probably not intraday but short to mid term (1-12 weeks).
And are there anything that you definitely do not want on a platform, worthless features you have to pay for? Do people switch from broker to broker chasing lower fees?
Thanks for your opinion.